Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$770.17 -0.12%
8/28 10:15

Option Volume

Detail
Current (08/28 10:15am) 1,634,576
Calls: 772,242 (47%)
Puts: 862,334 (53%)
Prior (08/27) 1,780,983
Calls: 884,100 (50%)
Puts: 896,883 (50%)
Current vs Prior -8.22%
Calls: -12.65% (Calls)
Puts: -3.85% (Puts)
Prior 7-Day Total 62,951,848
Calls: 29,301,825 (47%)
Puts: 33,650,023 (53%)
Prior 7-Day Average 8,993,121
Calls: 4,185,975 (47%)
Puts: 4,807,146 (53%)
Current vs Prior 7-Day Avg -81.82%
Calls: -81.55%
Puts: -82.06%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 10:15am) $247.56M
Calls: $97.35M (39%)
Puts: $150.21M (61%)
Prior (08/27) $265.94M
Calls: $150.35M (57%)
Puts: $115.59M (43%)
Current vs Prior -6.91%
Calls: -35.25%
Puts: +29.95%
Prior 7-Day Total $7.27B
Calls: $3.30B (45%)
Puts: $3.97B (55%)
Prior 7-Day Average $1.04B
Calls: $471.51M (45%)
Puts: $567.32M (55%)
Current vs Prior 7-Day Avg -76.17%
Calls: -79.35%
Puts: -73.52%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 10:15am) 1.12
Prior (08/27) 1.01
Current vs Prior +10.07%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg -2.95%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 10:15am) 8,826,225
Calls: 2,433,290 (28%)
Puts: 6,392,935 (72%)
Prior (08/27) 8,676,709
Calls: 2,420,112 (28%)
Puts: 6,256,597 (72%)
Current vs Prior +1.72%
Prior 7-Day Total 69,897,963
Calls: 18,971,042 (27%)
Puts: 50,926,921 (73%)
Prior 7-Day Average 9,985,423
Calls: 2,710,148 (27%)
Puts: 7,275,274 (73%)
Current vs Prior 7-Day Avg -11.61%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 0.47% | 0.70%0.47% | 0.70%0.47% | 1.26%2.33% | 3.83%
Prior 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs Prior -23.49% | -13.93%-23.49% | -13.93%-23.49% | -5.54%-1.58% | +0.12%
Prior 7-Day Avg 0.53% | 0.77%0.39% | 0.81%0.75% | 1.53%1.56% | 3.58%
Current vs 7-Day Avg -11.89% | -8.90%+21.91% | -13.94%-37.54% | -17.95%+49.53% | +6.91%
Prior 7-Day Eod 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs 7-Day Eod -23.49% | -13.93%-23.49% | -13.93%-23.49% | -5.54%-1.58% | +0.12%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.10% | 1.11%
Calls: 1.18% | 1.15%
Puts: 1.03% | 1.08%
Prior 1.68% | 1.40%
Calls: 0.52% | 1.10%
Puts: 2.83% | 1.69%
Current vs Prior -34.52% | -20.71%
Prior 7-Day Avg 1.37% | 1.15%
Calls: 1.40% | 1.03%
Puts: 1.34% | 1.26%
Current vs 7-Day Avg -19.88% | -3.24%
Liquidity Good
+
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($150.21M). Slightly bearish P/C ratio of 1.12. Put-heavy open interest (6,392,935 puts vs 2,433,290 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:15BEARISHBEARISHBEARISH
10:10BEARISHNEUTRALBEARISH
10:05BULLISHNEUTRALBULLISH
10:00BULLISHNEUTRALMIXED
09:55BULLISHNEUTRALMIXED
09:50BULLISHNEUTRALBULLISH
09:45BULLISHNEUTRALBULLISH
09:40BULLISHNEUTRALMIXED
09:35BULLISHBEARISHBEARISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 2,165 of results (avg 3.8%, best 0.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$630.00Aug 28140.05140.41$140.230.3%--1.0012
$650.00Aug 28120.04120.40$120.220.3%--1.0026
$696.00Aug 2874.1374.38$74.260.3%--1.0055
$705.00Aug 2865.1265.38$65.250.4%--1.00227
$700.00Aug 2870.1270.41$70.270.4%31.00266
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Sep 3012.4512.53$12.490.6%140.57145
$772.00Sep 189.269.32$9.290.6%3210.542.8K
$764.00Sep 186.176.21$6.190.6%250.404.2K
$770.00Sep 3010.6510.72$10.690.7%1450.521.3K
$835.00Aug 2864.6065.03$64.820.7%21.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 794 found (avg $0.36, cheapest $0.15)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Aug 280.140.15$0.156.7%71.0K0.0914.0K
$776.00Aug 280.080.09$0.0911.1%67.7K0.0611.2K
$777.00Aug 280.050.06$0.0616.7%29.5K0.0410.6K
$774.00Aug 280.260.27$0.273.7%65.8K0.157.2K
$773.00Aug 280.460.47$0.472.1%94.0K0.234.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Aug 280.100.11$0.119.1%18.4K0.056.6K
$760.00Aug 280.050.06$0.0616.7%15.7K0.0317.6K
$761.00Aug 280.070.08$0.0812.5%19.6K0.045.2K
$763.00Aug 280.140.15$0.156.7%13.9K0.0710.1K
$764.00Aug 280.200.21$0.214.8%15.7K0.098.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,156 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28149.72150.40$150.060.5%--1.0018
$630.00Aug 28140.05140.41$140.230.3%--1.0012
$645.00Aug 28124.72125.39$125.060.5%11.002
$650.00Aug 28120.04120.40$120.220.3%--1.0026
$625.00Aug 31143.58146.79$145.192.2%--1.0048
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Aug 287.687.92$7.803.1%1871.00117
$779.00Aug 288.678.90$8.792.6%1091.005
$780.00Aug 289.659.92$9.792.8%2831.00155
$781.00Aug 2810.6610.92$10.792.4%511.00--
$782.00Aug 2811.6411.92$11.782.4%491.001

Most actively traded options today. High liquidity = easy entry/exit. 1,950 active (total vol 1.6M, top 94.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Aug 280.460.47$0.472.1%94.0K0.234.5K
$772.00Aug 280.750.76$0.761.3%87.4K0.3311.5K
$775.00Aug 280.140.15$0.156.7%71.0K0.0914.0K
$776.00Aug 280.080.09$0.0911.1%67.7K0.0611.2K
$774.00Aug 280.260.27$0.273.7%65.8K0.157.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Aug 281.931.95$1.941.0%93.0K0.576.8K
$770.00Aug 281.451.47$1.461.4%92.9K0.4713.1K
$772.00Aug 282.512.55$2.531.6%78.4K0.673.1K
$769.00Aug 281.071.09$1.081.9%46.2K0.375.9K
$768.00Aug 280.790.80$0.801.3%40.1K0.2910.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 68.9%, max 97.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Aug 28Oct 222.4%11.3%97.2%7915.4K
$767.00Aug 28Oct 221.6%11.2%92.5%2.6K7.0K
$768.00Aug 28Oct 920.9%11.3%85.8%3.9K10.6K
$769.00Aug 28Oct 920.3%11.2%81.9%4.0K3.9K
$770.00Aug 28Oct 919.7%11.1%77.7%16.0K19.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Aug 28Oct 922.4%11.5%94.4%31.9K6.4K
$767.00Aug 28Oct 921.5%11.4%89.1%32.1K8.5K
$768.00Aug 28Oct 920.9%11.3%85.8%40.1K10.5K
$769.00Aug 28Oct 220.2%11.0%84.1%46.2K6.1K
$770.00Aug 28Oct 919.7%11.1%77.9%92.9K13.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 799 found (best R:R 1.50, avg 4.06)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$745.00$746.00Aug 31$0.40$0.60$0.40100%1.50$745.40
$724.00$725.00Oct 2$0.32$0.68$0.3290%2.12$724.32
$689.00$690.00Aug 31$0.45$0.55$0.45100%1.22$689.45
$740.00$741.00Sep 4$0.41$0.59$0.4196%1.44$740.41
$745.00$746.00Sep 4$0.40$0.60$0.4094%1.50$745.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$783.00$782.00Sep 4$0.30$0.70$0.3089%2.33$782.70
$780.00$775.00Sep 10$2.93$2.07$2.9375%0.71$777.07
$788.00$787.00Sep 11$0.45$0.55$0.4589%1.22$787.55
$777.00$776.00Sep 9$0.26$0.74$0.2669%2.85$776.74
$781.00$780.00Sep 9$0.38$0.62$0.3880%1.63$780.62

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 577 found (best R:R 0.46, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$787.00$792.00Oct 9$1.57$1.57$3.4370%0.46$788.57
$777.00$780.00Sep 10$1.02$1.02$1.9868%0.52$778.02
$772.00$773.00Sep 10$0.59$0.59$0.4154%1.44$772.59
$780.00$782.00Oct 9$0.87$0.87$1.1362%0.77$780.87
$771.00$772.00Sep 8$0.59$0.59$0.4152%1.44$771.59
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$768.00$767.00Aug 28$0.23$0.23$0.7771%0.30$767.77
$766.00$765.00Aug 28$0.12$0.12$0.8883%0.14$765.88
$763.00$762.00Aug 31$0.11$0.11$0.8984%0.12$762.89
$763.00$762.00Sep 1$0.15$0.15$0.8580%0.18$762.85
$767.00$766.00Aug 28$0.15$0.15$0.8578%0.18$766.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.86, cheapest $0.89)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$769.00Aug 28Aug 31$0.8920.3%8.3%
$770.00Aug 28Aug 31$0.9219.7%8.1%
$771.00Aug 28Aug 31$0.8919.0%8.7%
$772.00Aug 28Aug 31$0.8218.5%8.4%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$769.00Aug 28Aug 31$0.8520.2%8.4%
$770.00Aug 28Aug 31$0.8619.7%8.1%
$771.00Aug 28Aug 31$0.8419.0%8.7%
$772.00Aug 28Aug 31$0.7818.5%8.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 911 found (cheapest 0.40% of stock, avg 3.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$771.00Aug 28$1.17$1.94$3.11$767.89$774.110.40%
$770.00Aug 28$1.69$1.46$3.15$766.85$773.150.41%
$772.00Aug 28$0.76$2.53$3.29$768.71$775.290.43%
$769.00Aug 28$2.32$1.08$3.40$765.60$772.400.44%
$773.00Aug 28$0.47$3.23$3.70$769.30$776.700.48%
$768.00Aug 28$3.02$0.80$3.82$764.18$771.820.50%
$774.00Aug 28$0.27$4.04$4.31$769.69$778.310.56%
$767.00Aug 28$3.79$0.57$4.36$762.64$771.360.57%
$771.00Aug 31$2.06$2.78$4.84$766.16$775.840.63%
$772.00Aug 31$1.58$3.31$4.89$767.11$776.890.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.07% of stock, avg 1.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$775.00$766.00Aug 28$0.15$0.42$0.57$765.43$775.57
$774.00$766.00Aug 28$0.27$0.42$0.69$765.31$774.69
$775.00$767.00Aug 28$0.15$0.57$0.72$766.28$775.72
$774.00$767.00Aug 28$0.27$0.57$0.84$766.16$774.84
$773.00$766.00Aug 28$0.47$0.42$0.89$765.11$773.89
$773.00$767.00Aug 28$0.47$0.57$1.04$765.96$774.04
$775.00$768.00Aug 28$0.15$0.80$0.95$767.05$775.95
$774.00$768.00Aug 28$0.27$0.80$1.07$766.93$775.07
$773.00$768.00Aug 28$0.47$0.80$1.27$766.73$774.27
$772.00$766.00Aug 28$0.76$0.42$1.18$764.82$773.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 473 found (best R:R 0.92, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
751/752776/777Sep 9$0.48$0.5252%0.92$751.52$776.48
737/738779/780Sep 25$0.51$0.4949%1.04$737.49$779.51
757/758776/777Sep 3$0.42$0.5858%0.72$757.58$776.42
751/752777/778Sep 9$0.45$0.5555%0.82$751.55$777.45
745/746778/779Sep 18$0.53$0.4747%1.13$745.47$778.53
749/750777/778Sep 11$0.49$0.5151%0.96$749.51$777.49
745/746779/780Sep 18$0.51$0.4949%1.04$745.49$779.51
751/752778/779Sep 9$0.42$0.5858%0.72$751.58$778.42
737/738780/781Sep 25$0.49$0.5150%0.96$737.51$780.49
743/744778/779Sep 18$0.51$0.4948%1.04$743.49$778.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 326 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$768.00$769.00$770.00Aug 28$0.07$0.9318%13.29
$720.00$725.00$730.00Sep 9$0.10$4.905%49.00
$767.00$768.00$769.00Aug 28$0.07$0.9315%13.29
$772.00$773.00$774.00Aug 28$0.09$0.9118%10.11
$768.00$769.00$770.00Sep 1$0.05$0.9510%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$730.00$735.00$740.00Sep 10$0.06$4.943%82.33
$769.00$770.00$771.00Aug 28$0.10$0.9020%9.00
$768.00$769.00$770.00Aug 31$0.06$0.9413%15.67
$774.00$775.00$776.00Aug 31$0.05$0.9511%19.00
$770.00$771.00$772.00Aug 28$0.11$0.8921%8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,129 found (best net $-20.11, 1,122 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$723.001:2Sep 8-$20.11$7.89
$725.00$745.001:2Oct 2-$13.15$6.85
$740.00$757.001:2Oct 9-$8.91$8.09
$825.00$835.001:2Oct 9-$0.02$9.98
$773.00$774.001:2Aug 28-$0.07$0.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$798.00$786.001:2Sep 2-$4.09$7.91
$685.00$645.001:2Sep 9$0.00$40.00
$710.00$700.001:2Sep 10-$0.12$9.88
$680.00$670.001:2Sep 1$0.00$10.00
$690.00$680.001:2Sep 2-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 325 found (best yield 1.74%, avg 0.40%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$771.00Oct 9$13.370.480.1%1.74%1.84%--13
$772.00Oct 9$12.790.470.2%1.66%1.90%2212
$773.00Oct 9$12.220.460.4%1.59%1.95%218
$774.00Oct 9$11.670.450.5%1.52%2.01%71
$775.00Oct 9$11.130.440.6%1.45%2.07%320
$776.00Oct 9$10.610.430.8%1.38%2.13%1147
$777.00Oct 9$10.100.410.9%1.31%2.20%98
$778.00Oct 9$9.610.401.0%1.25%2.26%628
$779.00Oct 9$9.130.391.1%1.19%2.33%514
$780.00Oct 9$8.670.381.3%1.13%2.40%1262

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 772,242
Total Puts 862,334
Put/Call Ratio 1.12
Net Difference -90,092

Prior's Put/Call Breakdown

Total Calls 884,100
Total Puts 896,883
Put/Call Ratio 1.01
Net Difference -12,783

Prior 7-Day Put/Call Summary

Total Calls 29,301,825
Total Puts 33,650,023
Average Put/Call Ratio 1.15
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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